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Introduction To Paper 1 PDF
Introduction To Paper 1 PDF
n to Paper 1
Paper 1- General Considerations
General information:
- Pre-released statement is given 3 months before the
exam. February for May centers and August for November
centers
- Pre-released statement is about 180-200 words in length
which gives context and background for the business
- The statement includes additional terminology for the
students to study to prepare for the exam
- Maximum of 5 hours of in-class preparation
- HL/SL have the same exam
- There are NO HL only topics on the exam
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Paper 1 Breakdown
Time: 1 hour 30 minutes
Total marks: 30
Percentage of course: 25%- HL 35%-SL
Minutes per mark: 2 minutes*
Section B- long-answer
- Answer 1 question
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1
Section A Break-
down
What to expect in Section A
Section A: Short answer
This section focuses on short answer questions ranging from 2 to 6
marks.
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Section A: 4 mark questions
The next questions are 4 mark questions. You should be comfortable and
familiar with them. They will have command terms like describe and
explain. There will be two or three 4 mark questions depending on the
exam.
1. Explain one advantage and one disadvantage of The Long Tie (TLT)
converting to a publicly-held company. [4]
2. Describe two sources of finance TLT could use for the purchase of their
new industrial sowing machines (line 99). [4]
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Section A: 6 mark questions
The final question is usually a 6 mark question. 6 mark questions are 3
+ 3. One mark is gained for identifying what problem/issue/way is being
asked for. The next mark is gained for explaining or describing the
issue in depth. The final mark is for putting it into the context of the
business.
Remember, this is more marks than a 4 mark question and the length
should reflect that. More depth is needed for full marks!
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2
Section B Break-
down
What to expect in Section B
Section B: Long response
This section focuses on 10 mark questions. You will be given two
options and will choose only ONE to answer.
Make sure to follow the guidelines for 10 mark questions and rubric
for marking.
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